BTC must break above $62.4K

Hot projects + Market overview

I. Mainstream exchange news

• Coinbase International will launch Big Time perpetual contracts.
• OKX has received a full operating license in the UAE.
• Bybit is seeking a Crypto license in Austria, with updates in the coming weeks.
• Bitget will list the Puffer PUFFER token in the platform’s Innovation, DeFi, and LSD Zones with spot trading starting on October 14.
• Bitget has announced its latest listing standards, legal, and team checks.
• Bitget will support the official plan of the PEPPER (PEPPER) project, airdropping PEPPER tokens to CHZ holders.
• WOO X has launched MOODENG spot trading and Scroll (SCR) pre-market trading, and MUMU spot trading is set to launch on October 11.

II. Mainstream projects and trending events

• WOO Innovation Center has partnered with DEX SphereX to enhance meme-driven decentralized trading.
• WOO ecosystem has released its 3rd quarter report, with plans for product updates and geographical expansions.
• Elon Musk has changed his X profile picture to a photo featuring Robotaxi elements.
• According to the Unichain whitepaper, to become a validator for the Unichain Virtual Machine (UVN), node operators must stake UNI tokens on the Ethereum mainnet.
• The Solv protocol has become the top-ranked protocol by Total Value Locked (TVL) on the Bitcoin network, surpassing the Lightning Network.
• Ola, a ZKVM-based layer-2 platform on Ethereum, has completed its TGE and the final snapshot for the mainnet's massive season.
• CARV will airdrop to Aethir node holders and game pool stakers based on a snapshot taken on October 7, as part of its initiative to reward contributors to its decentralized gaming and AI ecosystems.
• DWF Labs co-founder Andrei Grachev has announced that their synthetic stablecoin product will be named Falcon Finance, featuring two versions including USDf and USDwf.
• TRON has partnered with El Dorado, a leading P2P stablecoin platform in Latin America,  to trial USDT-based gas-free stablecoin trading in Latin America.
• Puffer Finance has announced its tokenomics, with 7.5% of tokens allocated for the first season's Crunchy Carrot Quest airdrop.
• Swell has opened airdrop queries, with 8.5% of tokens designated for the Voyage airdrop.

III. Funding news

• AI and DePin project PinGo Lab has completed its seed round funding, with participation from TFund.
• The Trump family's DeFi project, World Liberty Financial, has planned to raise $300 million at a $1.5 billion valuation.
• Bitcoin-backed stablecoin issuer Yala has secured $8 million in seed round funding, led by Polychain Capital and Ethereal Ventures.
• Web3 gaming ecosystem PiP World has completed a $10 million seed round led by Exinity.
• The permissionless network Delta has raised $11 million in a funding round led by Variant and DBA.
• Privacy social network MeWe has secured $6 million in Series B funding led by McCourt Global.
• Apex Fusion has completed a $6 million private token fundraising round led by Castle Island Ventures. 
• French blockchain securities trading platform Kriptown has raised €4.2 million in Series A funding, led by BNP Paribas, Bpifrance, and Centilux Family Office.

IV. Regulatory news

• Hong Kong's Securities and Futures Commission (SFC) has issued a circular highlighting misconduct and deficiencies among firms managing private funds and client accounts, warning of risks to investors and urging companies to review and correct these issues.

V. Popular projects 

Market overview

BTC rebounded after reaching a new low of $58,946. 

To reverse the current downtrend, it needs to break above $62,477 in the short term. If not, the temporary rebound could lead to a further correction below $58,000. 

The current support level is $60,000. 

JESUS  is up 50% in a day

The price of JESUS, a religious-themed memecoin featuring Jesus, has surged 50% in the last 24 hours.

Built on both Ethereum and Solana, the JESUS token has reached a market cap of $38.84 million and on-chain liquidity of $2.9 million. 

HEHE  is up 30% in a day

The price of HEHE, a Solana-based memecoin featuring a cat, has surged 50% in the last 24 hours.

"Hehe" mimics laughter, with the meme gaining traction on social media.

With a total token supply of 840 million, and zero transaction fees, the HEHE token has reached $1.6 million in on-chain liquidity and $23.54 million in market cap.

SELFIE is up 29% in a day

The price of SELFIE(SelfieDog), a memecoin featuring “the most photogenic dog on the internet”, has surged 29% in the last 24 hours.

Users have created various types of selfie-themed dog content for entertainment. The token has no taxes, with a total supply of 1 billion.

SELFIE has reached a market cap of $17 million, with a 24-hour trading volume of $35.41 million.

SNEK is up 17% in a day

The price of SNEK, a deflationary memecoin launched on the Cardano chain, has surged 17% in the last 24 hours.

As the largest traded token on Cardano, SNEK plays a key role in the ecosystem's cohesion. Out of its total supply of 76.7 billion tokens, 1.1 billion have already been burned.

The SNEK token’s 24-hour trading volume has exceeded $4.9 billion, with 99.97% of the transactions occurring on Splash. 

On-chain daily

MORUD: Morud is a memecoin on the Solana network, featuring the newly popular influencer Murad, with a design similar to Boden. The project was announced as a full community takeover now.- Current Price: $0.0055- Historical High: $0.00862- 24-Hour Increase: 497%- Market Cap: $5.5M- Official Twitter: https://x.com/MorudCTO

GIGA: GIGA is a memecoin on Ethereum, featuring a group of Chad-like figures, claimed to be the first token embodying the "Giga" concept. A similar token on Solana previously reached a $400M market cap.- Current Price: $0.00005128- Historical High: $0.0000313- 24-Hour Increase: 52%- Market Cap: $1.2M- Official Twitter: https://x.com/FirstGigachad

MINI: MINI is a memecoin on Solana, featuring a hamster meme that encourages remixing and creativity in the community.- Current Price: $0.071- Historical High: $0.0766- 24-Hour Increase: 10%- Market Cap: $62M- Official Twitter: https://x.com/minigangsol

ALPHA: ALPHA is a memecoin on Solana, featuring the "Alpha" concept, which denotes dominance and strength, similar to $SIGMA.- Current Price: $0.0079- Historical High: $0.0087- 24-Hour Increase: 18%- Market Cap: $7.9M- Official Twitter: https://x.com/OnlyAlphaSOL

BEBE: BEBE is a memecoin on Ethereum, featuring a devil-horned Pepe character.- Current Price: $0.0000000603- Historical High: $0.000000084- 24-Hour Increase: 220%- Market Cap: $5.3M- Official Twitter: https://x.com/x_bebeeth?s=21

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:- Current BTC transaction fee: 11 satoshis/byte. 

- Transaction fees, though slightly rebounded, remain relatively low.

Fractal Bitcoin Gas Fee Update:- Current transaction fee: 94 satoshis/byte. 

- Gas fees have dropped significantly as transaction activity has slowed, staying notably low over the past 7 days.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

• Current Price: $33.65
• 24-Hour Change: +1.9%
• Market Cap: $765M

DOG:

• Current Price: $0.0048
• 24-Hour Change: +32.6%
• Market Cap: $480M

FB:

• Current Price: $6.43
• 24-Hour Change: +3.6%
• Market Cap: $20.23M

Today's Popular Projects:

• FBPlusToken:
• Type: Fractal Bitcoin Inscription
• Market Cap: $30.51M
• 24-Hour Volume: $30.69K
• 24-Hour Change: +13.59%
• Number of Addresses: 1,345

PUPS:

• Type: Inscription
• Market Cap: $122.83M
• 24-Hour Volume: $51.08K
• 24-Hour Change: +20.76%
• Number of Addresses: 3,423

RIBBIT•MAGIC•FORTUNE:

• Type: Rune
• Market Cap: $3.02M
• 24-Hour Volume: $155.03K
• 24-Hour Change: +176.24%
• Number of Addresses: 1,243

Performances of today's top three tracks

RWA: Overall daily sector change +1.89%

1. CPOOL: Clearpool is a decentralized capital markets protocol where whitelisted institutions can borrow unsecured liquidity from a decentralized network of lenders.

• Daily Increase: +14.19%
• Current Price: $0.19048
• Current Market Cap: $129.54M
• 24-Hour Trading Volume: $2.71M
• Recent News: Released its Q3 report, highlighting increased adoption after listings on Kraken and Bitget.

2. SOLO: Sologenic is a tokenized ecosystem allowing users to invest, trade, and tokenize assets such as stocks, ETFs, and fiat currencies on the XRP Ledger.

• Daily Increase: +7.53%
• Current Price: $0.0868
• Current Market Cap: $34.65M
• 24-Hour Trading Volume: $1.02M
• Recent News: Nul

3. OM: MANTRA aims to be an RWA-compliant L1 blockchain capable of adhering to real-world regulatory requirements.

• Daily Increase: +6.67%
• Current Price: $1.4466
• Current Market Cap: $1.23B
• 24-Hour Trading Volume: $56.12M
• Recent News: Passed a DAO proposal to update $OM tokenomics.

DeFi: Overall daily sector change +1.75%

1. BOND: BarnBridge is a cross-platform protocol for risk tokenization.

• Daily Increase: +44.43%
• Current Price: $2.152
• Current Market Cap: $20.86M
• 24-Hour Trading Volume: $1.07M
• Recent News: Null

2. ROUTE: Router Protocol is a cross-chain messaging protocol that uses a mesh network architecture to facilitate communication between different blockchains. Router offers several products, including Voyager, a flexible widget, and CrossTalk, an SDK.

• Daily Increase: +17.77%
• Current Price: $1.9739
• Current Market Cap: $32.59M
• 24-Hour Trading Volume: $234.87K
• Recent News: Router Protocol has officially integrated with Self Chain.

3. WELL: Moonwell Artemis is a lending and borrowing protocol on the Moonbeam parachain, enabling users to borrow crypto with over-collateralization.

• Daily Increase: +15.67%
• Current Price: $0.03543
• Current Market Cap: $101.08M
• 24-Hour Trading Volume: $5.36M
• Recent News: A snapshot vote by OriginProtocol to add a “Super OETH Market” to Moonwell on Base is underway. If successful, the proposal will move to on-chain voting.

SocialFi: Overall daily sector change +1.66%

1. GAL&G: Galxe is a decentralized super app and on-chain distribution platform offering a suite of products (Quest, Passport, Score, Compass, and Alva) providing AI, digital identity, and blockchain solutions. Galxe’s native token GAL is currently migrating to G.

• Daily Increase: +0.68%
• Current Price: $0.03242
• Current Market Cap: $234M
• 24-Hour Trading Volume: $767M

2. CHZ: Chiliz, founded by Alexandre Dreyfus in 2018, is a tokenized sports and entertainment ecosystem. Chiliz has raised $65 million in private funding and recently launched the fair distribution of the PEPPER token.

• Daily Increase: +3.52%
• Current Price: $0.0706
• Current Market Cap: $644M
• 24-Hour Trading Volume: $321.03M
• Recent News: No ICO or pre-mint, the PEPPER token will be distributed fairly.

3. TON: The Open Network (TON), designed by Telegram, is a fully decentralized Layer 1 blockchain known for its fast transactions, low fees, and user-friendly applications.

• Daily Increase: +1.71%
• Current Price: $5.179
• Current Market Cap: $217.38M
• 24-Hour Trading Volume: $13.14B
• Recent News: Announced the Open Platform as a sponsor for the TON Gateway 2024.

Disclaimer

The development and market cap of stablecoins mentioned in the above content is speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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